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Premium direct sailboat access and a prime Cape Harbour location make this property a standout opportunity for boaters, investors, and custom home builders alike. Situated just minutes to open water with no bridges, this southern-exposure lot offers an unbeatable waterfront lifestyle in one of Cape Coral’s most sought-after neighborhoods.The existing 3-bedroom, 2-bath home was impacted by Hurricane Ian but has already been professionally remediated, creating a clean slate for its next chapter. While the home does require new drywall throughout, the major systems are in working condition, making it livable during renovation or while designing a future build. Whether you choose to renovate and personalize, generate short-term rental income, or maximize the lot value with a new luxury home, the flexibility here is unmatched.Boating enthusiasts will love the deep-water canal, generous turning basin, and two boat lifts (13,000 lb with 32’ slip + 10,000 lb with 19’ slip), perfect for larger vessels and sailboats. A spacious screened pool area enjoys abundant natural light year-round, ideal for entertaining or soaking up the Florida sun. The lush, mature landscaping and intersecting canal views set the stage for an exceptional waterfront retreat.Recent updates include a new roof (2022) with top-grade shingles, newer pool pump, hot water heater, dock improvements, and updated irrigation valves. Surrounded by luxury waterfront communities such as Cape Harbour, Tarpon Point, and The Hermitage, this address places you near some of the best dining and entertainment in SWFL—including waterfront restaurants, live music, local shops, golf courses, and exciting new developments like Bimini Square and The Cove.Whether you’re envisioning your forever home with sweeping water views, an income-producing vacation rental, or a high-value new construction, this property combines location, lifestyle, and endless potential. Opportunities like this are rare—don’t miss your chance to own a piece of Cape Coral’s premier waterfront.
Property Details
Price: $979,000
Sq Ft: 1,741
($562 per sqft)
Bedrooms: 3
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.23
Virtual Tour/Floorplan:
View
Year Built: 1980
Listing Number: 2025014090
Status Code: A-Active
Taxes: $7,181.41
Tax Year: 2024
Garage:
2.00
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Built In Features
Bathtub
Closet Cabinetry
Eat In Kitchen
High Ceilings
Jetted Tub
Separate Shower
Walk In Closets
Split Bedrooms
Amenities:
None
Financial Information:
Taxes: $7,181.41
Tax Year: 2024
Exterior Features:
Sprinkler Irrigation
None
Patio
Water Feature
Equipment:
Dishwasher
Electric Cooktop
Microwave
View:
Y
Waterfront Description:
Canal Access
Navigable Water
Seawall
Additional Information:
Building Description: Ranch, One Story
MLS Area: Cc21 - Cape Coral Unit 3, 30, 44, 6
Total Square Footage: 2,182
Total Floors: 1
Water: Public
Construction: Block, Concrete, Stucco
Date Listed: 2025-10-09 14:20:42
Pool: Y
Pool Description: In Ground
Furnished: Unfurnished
Windows: Double Hung
Parking: Attached, Garage, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Electric
Security: Smoke Detectors
Laundry: Washer Hookup, Dryer Hooku
Irrigation: Reclaimed Water
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Rectangular Lot, Sprinklers Automatic
Amenities: None
Map of 1504 El Dorado Pkwy W, Cape Coral, FL 33914
Listing Courtesy Of: John R. Wood Properties
trompel@johnrwood.com